Drawback

Questions and answers about  Drawback

  • INVENTORY RECORDS FOR DRAWBACK

    Question:                                                             I’m interested in the advice of other retailers who are the IOR and file drawback entries for their imports being returned to overseas vendors. How cumbersome is it for you to keep inventory records for the necessary 3 years from date duty refund is received?  What type of inventory records do you maintain for […]

  • DRAWBACK PROGRAM

    Question: In your experiences, has the adoption of a Duty Drawback program resulted in increased audits from CBP?  If so, how frequent are the audits and have the audits been outside of the scope of the drawback program.  

  • DUTY DRAWBACK

    Question:   We are in the process of analyzing whether or not Duty Drawback is worth pursuing for our company.  We are the importer of record.  Our customer is the exporter of record.  Are you doing any 3rd party duty drawback?  If yes, are you managing the program or is your customer?  What are your […]

  • Drawback Q&A 1

    Once again we need the help of our experienced and intelligent ICPA members. We are currently looking to implement a Duty Drawback program. Please ask the masses if they would be willing to share the type of programs they have in place. We would also appreciate any references for a duty drawback program administrator. We […]

  • Drawback Q&A 2

    I have a question on “Drawback”. per CFR 191.91, can someone tell me if the application requesting approval of “Waiver of Prior Notice of Intent to Export” and “Accelerated Payment of Drawback” needs to be submitted to the Drawback specialist yearly or depending on the time period covered per CFR 191.91(C)?,

  • Drawback Q&A 3

    Has anyone successfully received duty drawback from U.S. Customs utilizing a copy of an airline ticket as proof of export for those items hand-carried?

  • Drawback Q&A 4

    We all know (except for Customs) that the law has changed to commercially interchangeable. 1.Customs denials of drawback continue to site ruling that were made under the old frugality rules, released rulings on Customs web site tend to be older, does anyone have a source on newer rulings made under more recent guidelines. 2.When you […]

  • Drawback Q&A 5

    Has anyone been receiving duty drawback refunds for MPF? I understand CBP may still be programming their systems to process these refunds. Does anyone have insight on this?

  • Drawback Q&A 6

    We paid $26K of ADD on 3 railcars of steel products imported from Mexico. The railcars were rejected and returned to the Mexican supplier. What is the best way for us to recover the $26K?

  • Drawback Q&A 7

    Drawback: Specific Manufacturing I would appreciate if feedback could be given on the following. I received a call from a duty drawback company and was asked if I could provide them with a power of attorney (POA). When I asked for the purpose of the POA, I was informed that they were submitting an application […]

  • Drawback Q&A 8

    We are really struggling to find a reasonable process for our destruction drawback. We get a large number of returns from our customers. The majority of the returns are product that is no longer in our sku lineup, so they cannot be reworked & resold. As a result, we end up scrapping a lot of […]

  • Drawback Q&A 9

    Does anyone have a Drawback RFP template? ie, what are the critical questions to be asked in evaluating and chosing a drawback broker? Any recommendations on good high-tech product line drawback brokers?